I was thinking about sending in a payment and writing such terms on the front of the check. Will this work?
2006-12-31 09:37:26 · 9 answers · asked by Wendy H 2 in Business & Finance ➔ Credit
This isn't for a current account. It is to a law office who is collecting a past-due account. I was gonna write "by signing this check you agree to terms.." Isn't that agreement on their side??
2006-12-31 09:52:51 · update #1
I agree with everything others have already written. In fact, the fine print of many contracts you agree to implicitly by using the credit facility frequently state that the creditor is not obligated to adhere to any such notations you make.
2007-01-01 01:21:27 · answer #1 · answered by G A 5 · 0⤊ 0⤋
No, not really. What you should do is work out the agreement with the creditor beforehand - You give him "x" amount of cash, up front, one big lump sum payment. If the creditor agrees to accept it for payment in full, it's legally binding. For a contract to be legally binding, both parties have to agree to the terms beforehand.
2006-12-31 17:40:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Nope. For something to be legally binding, BOTH parties need to agree to the terms.
2006-12-31 17:39:42 · answer #3 · answered by Turtleshell 3 · 0⤊ 0⤋
Nope, the contract that you signed to get the credit still stands. Only if it were so easy to get out of debt! Good Luck to you.
2006-12-31 17:39:01 · answer #4 · answered by tbear 5 · 0⤊ 0⤋
No ma'am. They will simply take your money. A check is a contract between you and your bank to pay the debtor, that's all.
2006-12-31 17:39:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
No. If only it were that easy to get out of a contract.
2006-12-31 18:31:26 · answer #6 · answered by qfrasier 2 · 0⤊ 0⤋
No, you can't unilaterally change a contract.
2006-12-31 18:24:25 · answer #7 · answered by The Scorpion 6 · 0⤊ 0⤋
no...they will cash because you made it out to them. The memo is for your records...not their's.
2006-12-31 17:41:24 · answer #8 · answered by Extr3m3leySexxee 2 · 1⤊ 0⤋
only in your dreams!
2006-12-31 17:40:53 · answer #9 · answered by madmilker 3 · 0⤊ 0⤋